Reaves Utility Income Fund ( UTG ) will begin trading ex-dividend on June 16, 2014. A cash dividend payment of $0.1375 per share is scheduled to be paid on June 30, 2014. Shareholders who purchased UTG stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that UTG has paid the same dividend. At the current stock price of $29.28, the dividend yield is 5.64%.
The previous trading day's last sale of UTG was $29.28, representing a -1.45% decrease from the 52 week high of $29.71 and a 24.38% increase over the 52 week low of $23.54.